Suggested Questions (Final Exam)

Topic 4: The Islamic Financial System of Selected Islamic Countries 1. Discuss the history Malaysian Islamic Banking. 2. Explain the Malaysian Islamic financial Structure. 3. Discuss the regulation and supervision of Islamic Financing. 4. What do you understand by Enhancing Malaysia’s Islamic Financing Outreach? Explain.

5. Discuss the future direction of Malaysian Islamic Financial System. 6. Writes short notes on Islamic Financial System - Pakistan. Sudan. Iran 7. Explain Iran Banking Challenges in details.

Topic 5: The Islamic Financial Institutions 1. Discuss the various functions of Islamic Commercial Banks. 2. What are the products and services are offered by Merchant Banks/ Investment Banks. Describe. 3. Describe the functions of Finance companies. What are the products and services offered by Finance companies? 4. Define Takaful. Discuss the operations of Takaful Life Insurance policy, Non life Insurance policy and Takaful Reinsurance.

5. Write short note on Islamic Fund Management Companies. 6. What are the differences between Commercial Banks and Cooperative Banks? 7. Write short note on Lembaga Tabung Haji (LTH). 8. What is meant by Pension Funds? 9. Discuss the roles of State Islamic Religious Council in Malaysia.

Topic 6: The Similarities and Differences of Islamic Financial Institutions in Selected Countries 1. What are the reasons associated with the differences of Islamic Financial Institutions among Malaysia, Pakistan, Sudan and Iran? 2. What are the similarities associated with the Islamic Financial Institutions among Malaysia, Pakistan, Sudan and Iran?  

Topic 7: Islamic Financial markets 1. Describe the functions of Money Market. 2. What are the Products and Services offered by Malaysian Islamic Money Market? Explain. 3. Describe the functions and Organization of Islamic Capital Market. 4. What are the Products and Services offered by Islamic Capital Market? Explain. 5. Explain the market mechanism of Islamic Capital Market.

6. Describe the functions and Organization of Mortgage Market. 7. Explain the market mechanism of Islamic Mortgage. 8. Discuss the Conventional Future Contract with example. 9. Are Conventional Future Contracts permissible in Islam? Show argument in favor of your answer.

Topic 8: The Monetary Authority or The Central Bank 1. Discuss the various functions of Central Bank. 2. What are the major monetary policy tools and Instruments used by the Central bank? Explain. 3. Describe the Payment and settlement mechanism of Central Bank.